The International Fund for Agricultural Development (IFAD) is a specialised agency of the United Nations, headquartered in Rome, Italy, with significant operational regions across Africa, Asia, and Latin America. Established in 1977, IFAD focuses on eradicating rural poverty and enhancing food security through innovative agricultural practices and sustainable development initiatives. IFAD's core services include providing financial assistance, technical expertise, and policy advice to empower smallholder farmers and rural communities. Its unique approach combines investment in rural infrastructure with capacity-building efforts, fostering resilience and economic growth. Notably, IFAD has achieved recognition for its impactful projects that improve livelihoods and promote gender equality in agriculture. With a strong market position, IFAD has mobilised substantial resources and partnerships, contributing to global efforts in achieving the Sustainable Development Goals (SDGs) related to poverty alleviation and sustainable agriculture.
How does IFAD's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Research Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
IFAD's score of 9 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, the International Fund for Agricultural Development (IFAD) reported significant carbon emissions totalling approximately 95,000,000,000 kg CO2e across all scopes. This includes about 20,200,000,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and approximately 27,300,000,000 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. The majority of their emissions, around 95,000,000,000 kg CO2e, fall under Scope 3, which encompasses all other indirect emissions in the value chain. Notably, within Scope 3, emissions from capital goods accounted for about 15,000,000,000 kg CO2e, while business travel and employee commute contributed approximately 3,000,000,000 kg CO2e and 2,000,000,000 kg CO2e, respectively. Despite the extensive emissions data, IFAD has not disclosed specific reduction targets or initiatives aimed at mitigating their carbon footprint. This lack of defined climate commitments highlights an area for potential improvement in their sustainability strategy. As IFAD is headquartered in Brazil, their climate actions are particularly relevant in the context of global efforts to combat climate change and promote sustainable agricultural practices.
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Add to project2023 | |
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Scope 1 | 20,200,000,000 |
Scope 2 | 27,300,000,000 |
Scope 3 | 95,000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
IFAD is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.